U.S. economists warn of potential recession and job loss

qz.com

U.S. economists are raising concerns about a potential recession as job market pressures increase and uncertainty over tariffs persists. This has led to significant stock market declines, with the Dow dropping 890 points. Tesla's stock has returned to its previous levels after initial gains following the election of President Donald Trump. Investor confidence has waned due to backlash against CEO Elon Musk's ties to the administration. The Nasdaq experienced its worst day in three years, with major tech stocks falling sharply. Meanwhile, Bitcoin is projected to reach $200,000 by 2026, despite challenges from meme coins in the crypto market.


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